Banking and Financial Services

Many of our attorneys spend a substantial portion of their time representing banks and financial institutions doing business throughout the United States. The services we provide to our banking clients are wide-ranging and include the handling of commercial transactions and the representation of banks in numerous types of litigation. Our banking clients include both national and regional banks and financial institutions, including JPMorgan Chase Bank, N.A., The Provident Bank, New York Community Bank, TD Bank, Bank of America, NVE Bank, Investors Bank, Lakeland Bank, ConnectOne Bank, UBS Bank USA and Peapack-Gladstone Bank.

The attorneys of Sherman Wells have extensive experience representing banks and financial institutions in various transactions and providing such institutions with a wide range of advice and services. We regularly represent financial institutions in commercial loan transactions – ranging from the straightforward to the complex, with a special emphasis on tax-sensitive lending – and are intimately involved in the documentation and closing of such transactions. Our attorneys also routinely represent financial institutions in connection with regulatory issues, mergers and acquisitions and capital raise transactions. We also advise financial institutions on legal issues involving their wealth management lines of business.

Our attorneys have decades of experience representing commercial banks, savings banks, savings and loan institutions, and other financial institutions in connection with litigation and litigation-related matters. Several Sherman Wells attorneys spend the majority of their time representing banks and financial institutions in commercial foreclosure actions, actions on commercial notes and guaranties, and commercial loan workouts and restructurings; they have successfully recovered substantial money judgments and foreclosed properties on behalf of our clients. Our attorneys have also represented banking clients in recovering possession of and subsequently disposing of REO properties, as well as landlord-tenant issues arising in connection with such properties.

Our attorneys have extensive experience representing banks and financial institutions in a broad range of other types of litigation, including RICO claims, shareholders’ actions, general collection matters, letter of credit cases and real estate-related litigation. We also have experience pursuing claims under fidelity bonds (and, in fact, were counsel of record on the leading Third Circuit case in this area). We have routinely and successfully represented banks and financial institutions in defense of lender liability and other claims.

Sherman Wells attorneys also have substantial experience representing banks in connection with retail banking matters involving claims brought under Articles 3 and 4 of the UCC by both customers and non-customers. In addition, we handle consumer class actions against banks and financial institutions involving claims brought under New Jersey’s Secondary Mortgage Loan Act, the Federal Truth in Lending Act, and New Jersey’s Consumer Fraud Act.